While analysts see exchange as positive, credit rating firm says transaction “tantamount to default”
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
Arcos Dorados to use cash to fund new McDonald’s
Fast-food franchiser plans to open as many as 90 new branches in Latin America and Caribbean this year, CFO says
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AA2000 open to selling bonds – CEO
Argentine airport operator has money for investments but would consider tapping markets to fund new projects, CEO says
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Davivienda ties up follow-on
Colombian bank returns to local equity market with sale of preferred and common stock
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Argentina seeks breather with local debt swap
Proposed bond swap may make it easier to reach fiscal balance, tackle inflation
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Petrobras mulls fresh cross-border bond
Brazilian oil company ponders return to international market for liability management
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EXCLUSIVE: Colombia defiant on projections amid market skepticism
Finance minister insists slump is temporary, weighs thematic funding options
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EXCLUSIVE: Ecuador plans second debt-for-nature swap
Finance Minister Juan Carlos Vega also tells LatinFinance government has held preliminary talks with IMF about new funding deal
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LatAm issuers face brighter outlook: Fitch
Ratings agency says reopening of local markets will support corporate spending and refinancing
Posted inDaily Brief
BBVA Perú lines up international issue
Spanish bank’s local unit has begun calling investors to pitch new notes